Bitcoin Investment Products Endured $453M of Outflows Last Week
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Assets in bitcoin-related offerings stand at $24.5 billion, the lowest since the beginning of 2021 Purpose Investments accounted for $490 million of the bitcoin outflows last week Net outflows from…
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This year has been marked by significant volatility across the crypto market, including for Bitcoin, which has seen both gains and losses over the course of the year. Just a month ago in the middle of July, Bitcoin crossed over $30,000 and many investors saw this as the start of…
Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to CoinShares data, digital asset funds saw $600 million in net outflows for the week ending June 14. The outflows were concentrated in Bitcoin and Solana funds, which saw $621 million and $0.2 million exits, respectively.…
Institution crypto investors seem to be rapidly pulling out of the market and Bitcoin was again the main focus, seeing the highest weekly outflow recorded since March. Effects Of A Lingering Bear Market? The crypto summer doldrums have come out in full force and weekly trading volumes in investment products…